What to Do When Clients Attempt to Fudge the Numbers on Their Tax Returns
2.00 Credits
Member Price $79
Non-Member Price $109
Overview
To believe or disbelieve ... that is the question often faced by CPAs. For tax practitioners, this question is especially nettlesome as it pertains to the proper reporting of income and the correct reporting of deductions for business gifts, business meals, auto expenses, etc., on clients' income tax returns.
Highlights
- Should Tax Practitioners be Skeptical?
- Professional Skepticism as Diligence
- Educating Clients About Their Risks, and Your Risks
- Case Studies Involving Client Attempts to Fudge the Numbers
Prerequisites
None
Designed For
Tax Practitioners and Consultants
Objectives
- Recognize income and deduction categories that are sometimes "fudged" by clients
- Refer clients to various risks associated with government tax audit techniques and taxpayer penalties
- Benefit from case studies involving taxpayers who chose to understate income and overstate deductions on their tax returns
Preparation
None
Leader(s):
Leader Bios
Albert Spalding, ACPEN Business Professionals Network
Dr. Albert Spalding is on the accounting faculty of the Mike Ilitch School of Business, where he teaches in the Master of Science in Accounting and MBA programs. Bert Spalding in an attorney-CPA and holds graduate degrees in business, law, psychology, philosophy and theology. He also holds the CFF (Certified in Financial Forensics) credential from the AICPA. His seminars and webinars are known for their emphasis on real world cases involving accountants who are faced with ethical and technical conflicts and dilemmas. Professor Spalding has authored several books and dozens of articles on ethics as well as on tax, forensic, fiduciary and financial accounting topics.
Non-Member Price $109
Member Price $79